70 percent of reduced ISK
Photo: Henrik Montgomery/TT

70 percent of reduced ISK tax went to savers with over 150,000 kronor

70 percent of the government's tax cut on investment savings accounts (ISK) went to people who already had large amounts of savings, according to a review by Ekonomiekot on Sveriges Radio.

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Last year, the first 150,000 kronor in investment savings accounts (ISK) became tax-free. According to the government, the purpose of the tax cut is to encourage more people to save, while critics have argued that the measure primarily benefits people who already have a large amount of savings.

Ekot's review of the Swedish Tax Agency's figures from the 2025 tax returns now shows that 70 percent of the tax cut went to people who had over 150,000 kronor in their accounts. The municipalities where the largest share received the maximum tax cut were Danderyd, Lomma, Lidingö and Vellinge.

In total, around 4.4 million Swedes now have an investment savings account. From the turn of the year, the tax on ISK was increased at the same time the tax-free amount was raised to SEK 300,000.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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